FOMC Minutes were released today. The Fed is keeping interest rates at 0.00% - 0.25%. FOMC judges that a moderation in the pace of asset purchases may soon be warranted. Also, the Fed says that the path of the economy continues to depend on the course of the virus. Cooper Howard provides his take on the Fed seeking to achieve maximum employment and inflation at rate of 2% over the longer run.
22 Sep 2021
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